"President Biden is seeking a third increase to the annual Pell Grant, of $820, as part of his budget request to Congress, which was unveiled Thursday," Inside Higher Ed reports. 

... "Justin Draeger, president of the National Association of Student Financial Aid Administrators, applauded the Pell Grant increase in a statement as well as the additional funding for federal student aid."

“'At a time when the Office of Federal Student Aid is already stretched thin and is implementing many critical initiatives, it cannot be understated how important it will be to ensure that the agency has the necessary resources to complete these monumental undertakings,' Draeger said. 'At the same time, we realize that this proposal is just the beginning of a lengthy appropriations process. We call on our colleagues in Congress to work across the aisle to prioritize student aid funding and reforms that will ultimately benefit students and families.'"

NASFAA's "Notable Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Articles included under the notable headlines section are not written by NASFAA, but rather by external sources. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.

Publication Date: 3/10/2023